Goal 1: no poverty

Definition

Goal 1: No Poverty aims to eradicate extreme poverty for all people everywhere, specifically targeting those living on less than $1.90 a day. This goal is part of the broader Sustainable Development Goals (SDGs) established by the United Nations, which recognize poverty as a multidimensional issue that goes beyond just income. Achieving this goal involves addressing various factors such as access to education, healthcare, and economic opportunities, ensuring that everyone has the means to live a dignified life free from poverty.

5 Must Know Facts For Your Next Test

1. Approximately 689 million people globally lived in extreme poverty in 2017, representing around 9.2% of the world population.
2. The COVID-19 pandemic has reversed years of progress in poverty reduction, pushing millions back into extreme poverty due to job losses and economic downturns.
3. The goal includes targets such as ensuring equal access to resources for the poor and vulnerable, promoting social protection systems, and supporting those affected by natural disasters.
4. Sustainable economic growth and equitable access to education are crucial components for achieving Goal 1 and eliminating poverty.
5. International cooperation and partnerships play a key role in mobilizing resources and knowledge-sharing to address the root causes of poverty.

Review Questions

• How does Goal 1: No Poverty relate to other Sustainable Development Goals?
  • Goal 1: No Poverty is interconnected with various other Sustainable Development Goals, such as Goal 2 (Zero Hunger), Goal 3 (Good Health and Well-Being), and Goal 4 (Quality Education). Each of these goals addresses critical aspects that contribute to poverty alleviation. For example, ensuring quality education can lead to better job opportunities, while improving health can reduce medical expenses that trap families in poverty. Together, these goals form a comprehensive approach to tackle the complex issue of poverty.
• Discuss the challenges faced in achieving Goal 1: No Poverty globally.
  • Achieving Goal 1: No Poverty faces numerous challenges including economic inequality, political instability, and insufficient access to education and healthcare. Additionally, crises such as pandemics, natural disasters, and conflicts exacerbate existing vulnerabilities and push more people into extreme poverty. Addressing these challenges requires coordinated global efforts, investment in social protection systems, and policies that promote inclusive economic growth.
• Evaluate the effectiveness of current strategies employed to eliminate extreme poverty in light of Goal 1: No Poverty.
  • Current strategies aimed at eliminating extreme poverty have shown mixed results. While many countries have made significant strides in reducing poverty levels through targeted programs like cash transfers and microfinance initiatives, challenges remain due to unequal resource distribution and systemic barriers. Evaluating these strategies involves analyzing their impact on different demographics, ensuring they are inclusive and addressing the root causes of poverty rather than just its symptoms. This requires ongoing adaptation of policies based on evidence and feedback from affected communities to ensure their effectiveness.

Related terms

Sustainable Development Goals (SDGs): A set of 17 interconnected global goals established by the United Nations to address various challenges facing humanity, including poverty, inequality, and environmental degradation.

Extreme Poverty: A condition where individuals or families live on less than $1.90 a day, lacking access to basic necessities such as food, shelter, and healthcare.

Social Protection: Policies and programs designed to reduce poverty and vulnerability by promoting efficient labor markets, diminishing people's exposure to risks, and enhancing their capacity to manage economic and social risks.